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" on this final friday trading session of the year. i'm carl quintanilla at the new york stock exchange, along with melissa lee. >> that's a good song. >> i actually requested that a few moments ago. cramer and faber had the day off. the market has a few jitters as we enter what is going to be an interesting day. of course, the meeting at the white house, 3:00 between the president and some congressional leaders. as for europe, getting some data out of japan overnight and some data out of europe. currently red arrows across the board, in london, paris, and frankfort. our road map begins at the white house. congressional leaders set to meet with the president, 3:00 p.m. this afternoon. senator reid has already said hopes of a deal are fading quickly. just two trading days left until the cliff. and it's not just the fiscal cliff. wind farms and dairy are set to get hit. >> the ports of the east coast and gulf coast are bracing for a potential strike. the potential for this, midnight sunday with a shutdown threatening to threaten 20% of the cargo traffic. >> and instagram feeling the sting of the
ended the last day before christmas. and all those may be the reasons, carl. i'm positive i didn't think people really understood the fiscal cliff. i may have been wrong. perhaps it was something that weighed on people's minds. the weather always at issue. it could actually have been warmer weather as well that contributed. we've had some analysts say that because people don't feel they have to go out and buy a coat. >> because it will never get cold again. >> except today, when it's 28 degrees. we'll see how after christmas does. internet also, it doesn't appear as online sales are up as p as anticipated. and perhaps they made up for the loss of the brick and mortar. >> you were pointing out before the show, luxury was not immune to this. you would think it would be more in tune to the consequences a cliff. >> you can take a look at the mid-atlantic and northeast regions, those regions account for 24% of national retail sales. within luxury, a big portion of that 20% is in the heast region. and so when you have that sort of double whammy, sandy, newtown shootings, fiscal cliff, all thes
york stock exchange, i'm carl kin ten nia with melissa lee, cramer and neighborer are off today but we are joined by dennis. good morning to you dennis, thanks for coming in. futures today, a lot to deal with as you probably know. the fiscal cliff headline watch continues. you just heard john kanas say the market not too concerned. futures up 21 points. decent data out of europe, we will talk about in a minute what a day for the asian markets again. also coming up. our road map begins at andrews air force base where the president arrives in a couple of hours, cutting his hawaiian vacation short to address the fiscal cliff s there really any hope in the last attempt? does the market fade if there's no news tomorrow night? >> the nikkei continues its 21-month run. how much is the boj willing to put up with? >> looking a at potential strike in the nation's port on the east and southern coast, the first since '77 that could cost retailers and importers billions. businesses now asking its white house to get involved. >>> you can now get the nokia lumia for free, depending on the service pro
's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have you thought about going vegan carl? hahaha!! you know folks who save hundreds of dollars by switching to geico sure are happy. how happy are they jimmy? happier than antelope with night-vision goggles. nice! get happy. get geico. >>> angry news conferences and attack statements from republicans as well as democrats are flying everywhere and they're directed at speaker john boehner. eamon joins us from washington with the details. >> reporter: the new york-new jersey delegation met with john boehner and came out with a commitment to have two votes on hurricane sandy aid. the first on friday will cover $9 billion in aid and a second vote on the 15th of january will cover the additional $51 billion. that marked the end of an amazing political drama today. it all started last night when boehner adjourned congress without addressing the aid for sandy victims. republicans and democrats took to the floor. >> these people have no problems when
place 15 hours from now. i'm carl, with melissa lee. cramer and faber are off today. good morning to you, dan. >> good morning. >> the house gaveling into session just a few moments ago. business there is going to start at 10:00 a.m. eastern time. futures are showing some resilience as becky said, despite no deal yet in congress. but remember, the sell-off on friday and friday night was pretty severe. the dow is set to open below 13,000. markets in europe mixed after a shortened session in the uk, france and spain. our road map starts right where we were months ago, waiting for the 112th congress to agree on a debt reduction package. the senate convenes at 11:00 a.m. >> the dow had its worst day in a month on friday. set to close december with a loss. the question is, does it continue to sell off if there isn't an accord in congress. >> we will always have china. manufacturing pmi data from last night is the best in 21 months. can we finally say the chinese economy has been stabilized. >> but of course, we start in washington. as you know, congress comes back today. the house gaveling in
's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have you thought about going vegan carl? hahaha!! you know folks who save hundreds of dollars by switching to geico sure are happy. how happy are they jimmy? happier than antelope with night-vision goggles. nice! get happy. get geico. fifteen minutes could save you fifteen percent or more. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morn 24 hours. zero heartburn. >>> the big leadership meeting at the white house is now in its second hour though it has become clear that the president will not be putting any new proposals on the table. our eamon javers broke that report for us, and i believe we'll continue to monitor the developments there behind you. what do we know from when we last spoke to you? >> reporter:
. and at the same time, you had detail about cabinet ministers, including carl asso. they're equity .ing about another 10 trillion yen or so to come in january with some detail on what measures on the physical side may compliment that. abe has threatened to rewrite the boj's mandate to include a 2% inflation target. the question of the central bank independence are huge and certainly deserve to be raised and considered here in light of all the discussion. but, again, .9% on the nikkei. we can show you quickly what's happening with the yen. it is at two-year lows to the dollar. you should also consider why currently wars are returning in 2013. it will be the bank of japan taking on everyone trying to weaken its currently. it could mean a lot more balance sheet expansion and a lot weaker currencies to come. >> kelly, for homework, i'm looking at annoying orange. you google annoying orange. there's 126,341,474 hits and you would make that 677. but 126 million. andrew hadn't. >> i hadn't heard of it, either. but i did google it. >> i refuse to give them that last ex either. whatever the annoying o
. >> there's our panel. joining us now, james carl from adviser shares and joshua pierce from bay state wealth management. gentlemen, welcome. you have 30 seconds. tell us what you think happens tomorrow. >> thank you. as the fiscal impasse dominants, we're focused on initial claims out tomorrow. new home sales data has been steadily rising. as economic data improves and real estate rebounds, we'd like to mention an environmental services stock that we cover, $10 price target. the stocks had an explosive rally this year. recently consolidating with a technical breakout. we think it trades into the next higher box. thank you. >> and four seconds to go. james, break it down for us in your 30 seconds. >> thank you, mandy. tomorrow we expect some interesting information coming out of the new home sales, related specifically to the u.s. dow jones home construction etf ticker, itb. it's been the number one performing exchange traded fund for the year, yielding investors about 80%. and we expect the home sales numbers to come in pretty -- pretty strong. so, we expect that etf will maintain its
! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have you thought about going vegan carl? hahaha!! you know folks who save hundreds of dollars by switching to geico sure are happy. how happy are they jimmy? happier than antelope with night-vision goggles. nice! get happy. get geico. fifteen minutes could save you fifteen percent or more. >>> we're just a few days way from fiscal disaster but still time for politicians to rise above and stop it. >>> democratic congressman jim himes is going to join us. we will ask strategists from both parties what it takes to avoid the fiscal cliff. >> the report of retailers. >> i love the smell of congress in the morning. >>> retailers try to close out on a strong note. the third hour of "squawk box" begins right now. >>> welcome back. i'm joe concern non along with andrew ross sorkin. becky quick is out today and our guest host is dan greenhouse with the beroni tie and cnbc contributor. just a slip. more frin a minute. first andrew has your good mornin
saddam hussein. general schwarzkopf was 78. we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have you thought about going vegan carl? hahaha!! you know folks who save hundreds of dollars by switching to geico sure are happy. how happy are they jimmy? happier than antelope with night-vision goggles. nice! get happy. get geico. fifteen minutes could save you fifteen percent or more. [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. >>> good morning and welcome back to "squawk box" here on cnbc. i'm joe kernen along with andrew ross sorkin. becky quick enjoying some more time off to
Search Results 0 to 9 of about 10